Updated Oct 29, 2024
Jamison Properties Acquires Industrial Asset In Miami For $1.48M
1840 NW 22nd St, Miami, FL 33142
$1,480,000
$364/SF
Building Size
4,065 SF
Asset Type
Industrial
Closing
May 30, 2023
About this deal
AI
An industrial property located at 1840 Northwest 22nd Street in Miami has been sold for $1,480,000. The property spans across 4,065 square feet with a price per square foot of $364. The sale transaction took place on 05/30/2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,480,000
- Address: 1840 Northwest 22nd Street
- Market: Miami
- Square Footage: 4,065
- Price per Square Foot: $364
The buyer of the property is Jamison Properties, while the seller is Jared Jukel. The seller was represented by Jonathan Eismann from Gridline Properties.
On the Map
$1,480,000
$364/SF
Industrial
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Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.72%
Cash-on-Cash
-3.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93